Byambadorj Dashdorj


Status: Paying Back

$2,125.00   Loan Amount
9% repaid

About the Entrepreneur

Name: Byambadorj Dashdorj
Location: Arvaiheer, Uvurhangai, Mongolia
Activity: Food Market

About the Loan

Loan Amount: $2,125.00
Loan Use: To purchase more supplies
Repayment Term: 26 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Possible
Date Listed: Sep 9, 2009
Date Disbursed: Aug 21, 2009
Date Funded:Sep 17, 2009

About the Country

Country:Mongolia
Avg Annual Income:$2,175.00
Currency:Mongolia Tugriks (MNT)
Exchange Rate:1,413.0000 MNT = 1 USD



Byambadorj is 32 years old and lives with his wife and 5-year-old daughter in Uvurkhangai province in central Mongolia. He currently operates a flour and rice trade business out of a shipping container at the local food market in his town. Byambadorj purchases goods for his business in Ulaanbaatar, Mongolia's capital city. Byambadorj started his flour and rice business in 2008 with the help of his wife. Since then, his business has grown steadily, and today his working capital exceeds 2,500,000 Tugrugs. He attributes his success to his good selling and communication skills. Since his work place is not very comfortable, Byambadorj hopes to one day have his own store. He works hard everyday to achieve this goal. He requests a loan of 3,000,000 Tugrugs to purchase more supplies for his flour and rice trade business.

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Journal entries for Byambadorj Dashdorj


Loan has been disbursed
 
Entrepreneur: Byambadorj Dashdorj
Location: Arvaiheer, Uvurhangai, Mongolia

Thank you for your loan. It has been disbursed to Byambadorj Dashdorj by XacBank in Mongolia. We are excited to watch this business grow. Over the 24 months of this loan, XacBank will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Arvaiheer, Uvurhangai, Mongolia
Sep 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Byambadorj Dashdorj

  Expected Repayments Actual Repayments Comments
November 2009 $88.54 $90.10 Repayment Received
December 2009 $90.31 $103.59 Repayment Received
January 2010 $88.54 Available Jan 1  
February 2010 $88.54 Available Feb 1  
March 2010 $88.54 Available Mar 1  
April 2010 $91.46 Available Apr 1  
May 2010 $91.29 Available May 1  
June 2010 $88.55 Available Jun 1  
July 2010 $88.54 Available Jul 1  
August 2010 $88.54 Available Aug 1  
September 2010 $88.54 Available Sep 1  
October 2010 $89.53 Available Oct 1  
November 2010 $88.54 Available Nov 1  
December 2010 $88.55 Available Dec 1  
January 2011 $88.54 Available Jan 1  
February 2011 $88.54 Available Feb 1  
March 2011 $88.54 Available Mar 1  
April 2011 $88.54 Available Apr 1  
May 2011 $88.54 Available May 1  
June 2011 $88.55 Available Jun 1  
July 2011 $88.54 Available Jul 1  
August 2011 $88.54 Available Aug 1  
September 2011 $88.54 Available Sep 1  
October 2011 $80.12 Available Oct 1